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Terr_ 12 hours ago

IMO it's best to welcome the addition of a risk premium, because if you don't, it'll creep in anyway, just in a patchy and inconsistent manner.

Over time it becomes "priced in" to the moving average, which is good, assuming that employee instincts are generally valid.

Of course, if someone makes the mistake of trying to peg points to time, they're indirectly creating a kind of inflation: Yesterday's "just in case" premium should not become today's "everything goes well" baseline.